NOT LISTED FOR SALE

4011 W 160th St Lawndale, CA 90260

Estimated Value: $957,000 - $1,172,000

4 Beds
3 Baths
1,920 Sq Ft
$565/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $770,000 $401 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,680/month

24 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • Wrought Iron Fence
  • Laundry Room
  • 2 Car Garage
  • Level Lot

About This Home

As of December 2020

CBRE, Inc. is proud to present 4011 W. 160th Street in the city of Lawndale. This duplex offers an investor or owner user the opportunity to own in one of the most attractive rental markets within the South Bay area. 4011 W. 160th Street is an upgraded one story, duplex, consisting of two individual houses on a ±5,635 square foot parcel, with a total building size of ±1920/SF. The building features a front two-bedroom two bath unit with a bonus room and a back two-bedroom one bath unit. Parking consists of two garage spaces in the rear of the property with access from the alley. Utilities are separately metered for gas and electric and water/sewer is mastered metered. The property has been under professional management, and existing rents are approximately 25% under market level. Rent payments for both residents are current.

The property is centrally located and is less than four miles from Manhattan Beach. Bordered by Redondo Beach on the West and Southwest, Hawthorne on the North, Torrance on the Southeast, and El Camino Village on the East, the location provides quick access to the 405, 105, and 91 Freeways. Lawndale’s central location, touted as the “heart” of the South Bay, allows residents to enjoy the areas premiere beaches, shopping, dining and entertainment establishments, along with major employment generators. It is important to note the subject properties proximity from the proposed South Bay Galleria redevelopment which will bring renewed energy to the area.

Last Agent to Sell the Property

Nancy Bush

Lyon Stahl Investment Real Estate, Inc. License #00962565 Listed on: 09/16/2020

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Jean Huang

Wetrust Realty License #01053756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,776

Year Built

  • Built in 1963

Lot Details

  • 5,635 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 175
  • Tax Tract Number 7422
  • Assessor Parcel Number 4074025019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Maintenance Expense $1,224
  • Other Expense $500
  • Professional Management Expense $3,264
  • Trash Expense $50
  • Water Sewer Expense $1,510
  • New Taxes Expense $9,591
  • Operating Expense $18,339
  • Gross Income $39,600
  • Net Operating Income $19,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,776

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 3264.00
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1510.00
  • Zoning: LNR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4074025019
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 401.04

Exterior Features

  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Lawn, Level, Yard
  • Lot Size Sq Ft: 5635.00
  • Lot Size Acres: 0.1294

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 960 Square Feet
  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5635.0000 Square Feet
  • Maintenance Expense: 1224.00
  • Net Operating Income: 19281.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 18339.00
  • Other Expense: 500.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Actual Rent: 3300.00
  • Total Expenses: 18339.00
  • Vacancy Allowance: 1980
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9591.00
  • Tax Census Tract: 6041.00
  • Tax Lot: 175
  • Tax Tract Number: 7422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Lam Angie
Bought by
Thai Le Kiet and Lam Angie
Current Estimated Value
$1,085,218

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 24, 2020
Sold by
Taylor Jennifer Lea
Bought by
Moore Hunter M
Seller's Agent
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jean Huang
Wetrust Realty
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 16, 2020
Sold by
Thai Le Kiet
Bought by
Lam Angie
Seller's Agent
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jean Huang
Wetrust Realty
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 14, 2020
Sold by
Moore Hunter M
Bought by
Lam Angie
Seller's Agent
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jean Huang
Wetrust Realty
List Price
$749,000
Sold Price
$770,000
Premium/Discount to List
$21,000
2.8%

Purchase Details

Listed on
Jan 27, 2012
Closed on
Apr 18, 2012
Sold by
Marcus Moore Jodi
Bought by
Moore Hunter
Seller's Agent
JAMES JENNINGS
Top Sales Real Estate Services
Buyer's Agent
Lesa Cichy
List Price
$353,900
Sold Price
$329,000
Premium/Discount to List
-$24,900
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$330,817
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Moore Hunter M

Purchase Details

Closed on
Sep 30, 2011
Sold by
Dudley Eva R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 28, 2002
Sold by
Dudley Eva R
Bought by
Dudley Eva R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.78%

Purchase Details

Closed on
Sep 21, 2000
Sold by
Dudley Eva R
Bought by
Dudley Eva R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.85%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thai Le Kiet -- None Available
Moore Hunter M -- Wfg National Title Company
Lam Angie -- Wfg National Title Company
Lam Angie $770,000 First American Title Company
Moore Hunter -- Stewart Title Of California
Moore Hunter M $349,000 Stewart Title Of California
Federal National Mortgage Association $487,551 Landsafe Title
Dudley Eva R -- New Century Title Company
Dudley Eva R -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Hunter M $50,000
Previous Owner Moore Hunter $330,817
Previous Owner Dudley Eva R $417,000
Previous Owner Dudley Eva R $370,000
Previous Owner Dudley Eva $30,000
Previous Owner Dudley Eva R $125,000
Previous Owner Dudley Eva R $276,500
Previous Owner Dudley Eva R $242,250
Previous Owner Dudley Eva R $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $770,000 +2.8% $401 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $749,000 +127.7% $390 / Sq Ft
04/23/2012 04/23/12 Sold $329,000 -7.0% $171 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $353,900 -- $184 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,776 $833,471 $584,513 $248,958
2024 $10,776 $817,129 $573,052 $244,077
2023 $10,197 $801,108 $561,816 $239,292
2022 $10,203 $785,400 $550,800 $234,600
2021 $9,936 $770,000 $540,000 $230,000
2020 $5,321 $377,849 $218,211 $159,638
2019 $5,125 $370,441 $213,933 $156,508
2018 $4,997 $363,179 $209,739 $153,440
2016 $4,645 $349,079 $201,596 $147,483
2015 $4,528 $343,836 $198,568 $145,268
2014 $4,505 $337,102 $194,679 $142,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20187464

California Regional Multiple Listing Service (CRMLS)

APN: 4074-025-019